MetaIndex offers no firm possession or government data on its web site.
MetaIndex’s web site area (“metaindex.fund”), was privately registered on November twenty sixth, 2021.
Additional analysis reveals MetaIndex advertising materials citing Ricardo Zambrana as MetaIndex’s CEO.
Zambrana is credited with “over 20 years” expertise in community advertising.
I used to be prepared to put in writing Zambrana off as a Boris CEO however seems he does have a historical past in MLM.
I don’t find out about 20 years however two years in the past Zambrana was making an attempt to cross himself off as a motivation coach:
Zambrana deserted his YouTube channel however continued to put up on FaceBook…
…at the least up till December 2021. Evidently someplace alongside the way in which Zambrana turned a crypto bro, and right here we’re with MetaIndex.
The one advertising video MetaIndex’s web site redirects to a YouTube channel named “Wrise Model Ambassador”.
MetaIndex explains this by claiming it has ” a funding partnership with wrise”.
A go to to Wrise’s web site reveals its a 288% annual ROI crypto Ponzi scheme.
Wrise’s official FaceBook web page reveals the corporate began off as Wrapped SumCoin again in February 2021.
SumCoin is a few shitcoin that’s long-since collapsed.No concept what “WSUM” is however the present Wrise Ponzi launched on or round January 2022.
Connected to Wrise is RISE, one more Ponzi shitcoin.
Who’s working Wrise? That’s not disclosed.
I’ll cease wanting suggesting Zambrana himself is working Wrise. If he isn’t although, he positively is aware of who’s.
My cash’s on these chaps, both straight or not directly:
Hairo Reyes, Agustin Esterling and Carlos Flores are all former GoArbit Ponzi scammers.
Esterling specifically was a part of GoArbit’s company staff:
GoArbit was a easy 200% ROI MLM crypto Ponzi scheme.
As documented right here on BehindMLM, GoArbit unravelled in early 2022.
It appears Reyes, Esterling and Flores cashed out earlier than the collapse and went on to launch their very own Ponzi.
Ricardo Zambrana is fronting the scheme as a result of, y’know… bit arduous to rip-off new victims with a path of monetary destruction behind you.
Wrise’s web site area (“wrise.app”), was privately registered on January third, 2022.
At time of publication web site visitors to Wrise’s web site is just too low to measure.
Alexa ranks prime sources of visitors to MetaIndex’s web site because the Dominican Republic (68%) and the US (13%).
Learn on for a full assessment of MetaIndex’s MLM alternative.
MetaIndex’s Merchandise
MetaIndex has no retailable services or products.
Associates are solely in a position to market MetaIndex affiliate membership itself.
MetaIndex’s Compensation Plan
MetaIndex associates make investments cryptocurrency on the promise of a each day return.
- Primary Plan – no charge to take a position, obtain 0.4% a day Monday by means of Friday
- Gold Plan – 1.3% a day, 5% of ROI clawed again as a charge
MetaIndex funding tiers are:
- $50
- $100
- $150
- $200
- $500
- $1000
- $2000
- $3000
- $5000
- $10,000
Returns are capped at 200% (this consists of MLM commissions). No minimal or most funding quantities are specified.
I imagine an energetic funding is required to qualify for MLM fee payouts.
MetaIndex expenses a ten% withdrawal charge and pays in bitcoin, tether and “numerous cryptocurrencies”.
Returns themselves nevertheless are solely calculated in tether. Word that I’ve solely quoted tether beneath to maintain issues easy.
The MLM aspect of MetaIndex pays commissions on cryptocurrency invested by recruited associates.
MetaIndex Affiliate Ranks
There are ten affiliate ranks inside MetaIndex’s compensation plan:
- Senior
- Silver
- Gold
- Pearl
- Emerald
- Diamond
- White Diamond
- Black Diamond
- Crown Diamond
- Royal President
Rank qualification standards will not be offered.
Referral Commissions
MetaIndex associates earn 10% of cryptocurrency initially invested by personally recruited associates.
5% is paid on subsequent funding quantities.
Residual Commissions
MetaIndex pays residual commissions through a binary compensation construction.
A binary compensation construction locations an affiliate on the prime of a binary staff, cut up into two sides (left and proper):
The primary degree of the binary staff homes two positions. The second degree of the binary staff is generated by splitting these first two positions into one other two positions every (4 positions).
Subsequent ranges of the binary staff are generated as required, with every new degree housing twice as many positions because the earlier degree.
Positions within the binary staff are stuffed through direct and oblique recruitment of associates. Word there isn’t a restrict to how deep a binary staff can develop.
On the finish of every day MetaIndex tallies up new funding quantity on either side of the binary staff.
Residual commissions are paid as a share of cryptocurrency invested on the weaker binary staff aspect.
- Primary Plan associates obtain a 4% residual fee fee
- Gold Plan associates obtain a ten% residual fee fee
As soon as paid out on, weaker quantity is matched towards the stronger binary staff aspect and flushed.
Any leftover quantity is carried over for as much as thirty days.
Word that residual commissions are capped at 10,000 tether per day.
MetaIndex’s compensation documentation states this quantity could be raised through rank development.
Rank qualification standards will not be offered.
Becoming a member of MetaIndex
MetaIndex affiliate membership is
- Primary – free
- Gold – 5% of returns paid out as a charge
Gold associates have the next revenue potential by means of MetaIndex’s compensation plan.
MetaIndex Conclusion
MetaIndex pitches itself as a “undertaking that guarantees to plummet emissions to zero”.
They don’t specify who’s emissions or how.
Can tech development and conservation co-exist?
In response to us, sure. We don’t have one other alternative.
We’re enjoying our half towards local weather change by investing in eco-friendly metaverse tasks akin to actual property, NFTs, and decentralized finance.
That’s as a result of MetaIndex has completely nothing to do with local weather change.
It’s a easy MLM crypto Ponzi. You make investments crypto, others steal your crypto and, if sufficient new suckers be a part of after you, you steal their crypto.
Neither MetaIndex, Wrise or the scammers behind it are registered to supply securities in any jurisdiction. So add securities fraud onto the combo.
By the use of nothing being marketed or bought to retail clients, the MLM aspect of MetaIndex can be a pyramid scheme.
One attention-grabbing slide I discovered in a MetaIndex presentation was this (English autotranslate added):
Agustin Esterlin being a GoArbit Ponzi scammer we’ve already lined within the intro of this assessment.
Jhon Coca is a brand new identify although. Seems he’s been Ponzi scamming folks for years:
What we primarily have with MetaIndex is a GoArbit Ponzi spinoff.
A bunch of prime scammers in GoArbit needed to be on the prime of their very own Ponzi scheme, and so right here we’re.
Like GoArbit, solely these working the rip-off and those that received in early will make any cash.
This occurs on the expense of everybody else.
You know the way MetaIndex ends. You’ve already seen it with GoArbit and Jhon Coca’s numerous different Ponzi schemes.